Newsquawk Rundown, Daily Podcast

European bourses and US futures remains contained in idle trade ahead of US data in holiday-thinned conditions; ES -0.2%In FX, the DXY is pressured sub-96.50 but hasn't deviated too far from the mark with peers, ex-JPY, benefitting; core debt continues to driftUK HSA real-world Omicron data will be mixed; variant is less severe but may still cause large hospitalization numbers, via PoliticoOxford and AstraZeneca are working on an...

An indecisive tone was seen across APAC markets overnightUS equity futures traded flat with a downside biasIn FX, DXY traded on either side of 96.500, USD/JPY briefly dipped under 114.00 and AUD/JPY drifted lowerOxford and AstraZeneca are working on an Omicron-targeted version of their vaccineUK PM Johnson does not think there is enough evidence to justify any tougher restrictions before...

Sentiment remains positive after a constructive APAC handover, though crude has been choppy and EGBs have seemingly decoupled from brief/broader risk jittersEuropean bourses are firmer though gains have trimmed since the cash open while US futures remain bid; ES +0.6%, RTY, +0.1%, lags somewhatIn FX, the USD has come under pressure taking the index sub-96.50 with peers somewhat mixed as the antipodeans/GBP leadThe first US death...

Asia-Pac stocks traded with mild gains following the downbeat lead from Wall StreetUS equity futures edged higher overnight, with the NQ the outperformer and the RTY posting the shallowest gainsIn FX, DXY drifted under 96.500, NZD narrowly outperformed and USD/TRY slumped under 14.0000The first US death attributed to the Omicron variant reported in Harris County, TexasTurkish President Erdogan said Turkey is...

European bourses are pressured, but off lows Euro Stoxx 50 -1.4%, in risk-off trade as further COVID restrictions are implemented/toutedAlbeit, sentiment picked up on Moderna's (+5.4% pre-mrkt) prelim. booster update ahead of a 13:00GMT/08:00EST press conferenceModerna's prelim. booster data shows a boost to neutralising antibody levels 37-fold higher than pre-dose levelsIn FX, DXY has been choppy but retains 96.50 with performance...

Asia-Pac equities traded lower across the board following the volatile session on Wall Street on FridayUS equity futures saw losses overnight whilst T-note futures edged higherIn FX, DXY held onto most of Friday’s gains, USD/JPY eventually dipped under 113.50, TRY saw early weaknessUS Senator Manchin said he cannot support President Biden’s Build Back Better billUK Brexit Minister Frost has resigned; Foreign...

Equities are pressured after a downbeat APAC handover with Quad Witching in focus; ES -0.4%, NQ -0.8%In FX, the DXY has staged a marked recovery retaking 96.10 to the broad detriment of peers; Cable loses 1.3300, EUR/USD nears 1.1300WTI and Brent are pressured given broader risk appetite and seemingly constructive geopolitical developments re. IranUK will reportedly drop key ECJ demand in an effort to de-escalate tensions with the...

Asian equity markets were mostly lower with sentiment in the region downbeat after the tech-led declines in the USIn FX, DXY dipped back under 96.00, EUR/USD eyed 1.1350 and USD/JPY briefly dipped below 113.50UK will reportedly drop key ECJ demand in an effort to de-escalate tensions with the EUUK Conservative Party lost the North Shropshire seat for the first time in historyUS Senate approved the Uyghur bill...

European equities are firmer across the board; US futures extend on post-FOMC gainsIn FX, DXY has pulled back further, high-betas outperform and havens lagTRY again weakened as Turkish President Erdogan replaced two deputy finance ministersLooking ahead, highlights include BoE, ECB, Banxico, press conferences from the ECB, US IJC and the UK Conservative bi-electionCORONAVIRUS UPDATEUS CDC advisers are to...

The FOMC doubled the QE tapering pace and now sees three rate hikes in 2022; Fed Chair Powell avoided hawkish curveballsChair Powell said the Fed has not taken a position on whether it should pause between the end of the taper and first-rate hikeMarket sentiment saw a knee-jerk lower on the statement and SEP release before risk appetite intensified during the presserAsian equity markets traded mixed as the region digested the FOMC...